Money raised from capital markets more important than banks in financing revival: Economic Survey

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The economic revival has mostly been financed through money raised through the capital markets rather than bank credit, the Economic Survey for 2021-22 pointed out. “Risk capital (i.e. money raised from capital markets) has so far been more important than the banks in providing finance to the revival,” it stated. Non-food bank credit has remained…Continue Reading

Hillary raised chopper deal with Govt, Russians pushed India too far: Michel

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In April 2019, the Enforcement Directorate (ED) filed a chargesheet on British arms agent Christian Michel’s alleged role in the AgustaWestland case — and his statements during custodial interrogation. The chargesheet deals mostly with tranches totalling Euro 42 million allegedly paid by AgustaWestland to Michel and his dispatches alluding to alleged political pay-offs. But the…Continue Reading